ITMAM Consulting to debut on Nomu on Jan. 23

21/01/2025 Argaam

ITMAM Consulting to debut on Nomu on Jan. 23

Logo of ITMAM Consulting Co.

The Saudi Exchange (Tadawul) announced today, Jan. 21, that shares of ITMAM Consulting Co. will start trading on the Nomu-Parallel Market on Jan. 23, with the symbol 9625 and ISIN Code SA168G7KMCH6.

 

The stock will trade with daily and static price fluctuation limits of +/-30% and +/-10%, respectively.

 

For More IPOs

 

In a separate statement, the Securities Depository Center Co. (Edaa) said the company’s subscribed securities were deposited today into the accounts of eligible shareholders.

 

ITMAM Consulting earlier floated three million shares on Nomu, representing 15% of its pre-IPO capital, divided into 20 million shares worth SAR 20 million at a nominal value of SAR 1 apiece. The offer shares make 14.29% of the company’s post-IPO capital, Argaam’s data showed.

 

ITMAM Consulting’s Nomu offering was 230.25% covered.

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